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, the economy will drive housing. >> what are you expecting elsewhere in terms of regulatory environment. we're all wondering how dodd-frank plays out, we're all wondering how the vocal rule plays out. what if it materializes and forces a separation from proprietary trading? >> that's not the vocal rule. >> proply terietary trading -- >> no one is doing proprietary trading. i always remind the public we have the best capital mortgage in the whole world. i'm not opposed to the intent of the volcker rule. we have the best markets in the world. so market-making, we serve 20,000 customers. we give them great prices. they come to us because we give them a good price. just like walmart gives you a good price. and we do a lot of it, you know. that's a good thing. it keeps the cost of issuance cheap for retirees, pensions. >> in terms of the federal reserve, how do you offset this difficulty in terms of making money in such a low-rate environment. >> i keep on hearing that the banks are a benefit and subsidized. you're more right. it hurts us more than helps us. so we've told the world it squeezes o
developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to the second half of "outfront." we start with stories we care about where we focus with reporting from the front lines. today on the two-year anniversary of the egyptian revolution that ousted hosni mubarak from power, the streets were filled not with peace but with violence. protesters for and against president mohamed morsi clashed with police, at least seven died. morsi did not address the country but tweeted on twitter. he called on people to uphold the noble principles of the revolution. >>> apple is no longer the world's biggest company. the title belongs to exxonmobil. apple shares plummeted on the heels of disappointing earnings resulted and plunged over 12%. apple's market cap first passed exxonmobil on august 9th, 2011. it's been sitting pretty 18 months, seemingly untouchable. tonight it is
for border security. i mean, there are citizens in my state who do not live in a secure environment. we live in a pretty secure environment here, certainly in the senate, we've got guards and there's people every night in the part -- the southern part of my state that have drug traffickers and people going across, the guns. >> so how do you convince republicans about the path to citizenship? >> well, look, i'll give you a little straight talk. look at the last election. look at the last election. we are losing dramatically the hispanic vote, which we think should be ours for a variety of reasons, and we've got to understand that. second of all, this -- we can't go on forever with 11 million people living in this country in the shadows in an illegal status. we cannot forever have children who were born here -- who were brought here by their parents when they were small children to live in the shadows, as well. so i think the time is right. by the way, we just acted to avert a nuclear option in the senate. believe it or not, i see some glimmer of bipartisanship out there. >> how about we've go
-- it is encouraging. and i say new york is probably most litigious environment in the world, and we have to be aware of that before we implement it. >> schieffer: what about people who sincerely believe that when we institute tighter controls on guns, even background checks, that it is infringing on their rights? >> well, we understand that. there are different cultures in this country and i think you know the supreme court case the district of columbia versus healthem, pretty much made certain that the concept of people having a right to guns with some legitimate regulations is here to stay. we're not looking to infringe on anybody's right to have guns legally. aware whatwe're looking to do is get the illegal guns off our streets. for our city, 90% of the guns we confiscate are coming from out of state. so we need a national, comprehensive strategy, or we need other states to put in the very strong, aggressive gun legislation that just passed under governor cuomo's leadership in the state legislature. so we are the target, so to speak. it's coming in from other places but we're clear not looking to
and driven to succeed. we like that. melissa: and you should be comfortable in the environment. a very interesting stuff. thank you for coming on. >> absolutely. thank you for having me. melissa: next up, boeing is baffled by the ion battery. they may not be the root of the massive problems of the dream liner. could this have a bigger impact on the economy? have you notice stores in your area are charging you just to use your credit card? businesses in 40 states canal had customers with checkout fees. we will tell you why and what you can do and what to look for. piles of "money" coming up. ♪ stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz... to e-mails that keep loyal customers coming back, our easy-to-use tools will keep you in front of your customers. see what's right for you at constantcontact.com/try. ♪ melissa: still no news from boeing on what exactly is causing all the problems that have grounded the entire fleet of streamliners. at first the lit
. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back. to the second half of "outfront." we start with stories we care about where we focus on our reports from the front lines. the family of junior seau's family is suing the nfl and helmet maker riddel, claiming his death was caused by violent hits during his career. he died of a self-inflicted gun shot wound to the chest last year and his family says the suit will send a message to the nfl to care for its former players to acknowledge what they call decades of deception on head injuries and player safety. >>> the house has passed a bill that would prevent the united states from hitting the debt ceiling. at least right away. it's dubbed the no budget no pay act. it was proposed by republicans and it lets the treasury department borrow money until mid-may, as long as congress pass
women in combat units and we were fighting in environments that there are no front lines and everybody realized that there was a difference. everybody's a target and the ban against women were women if combat all of the time. >> what are going to be some of the obstacles to put in this plan in place in the military? >> of course, there are always administrative and logistical decisions that will have to be made and that will take some time. women have to apply to be in combat units, and i think some combat units and most notably, special operations and organizations are probably going to have such a high -- a low selection rate, if not most women would be able to be involved. >> i think the biggest thing is socialization. people will have to be socialized. i'm reminded in 1976 when we had women first coming into the military academy and they said it won't work. military academies are going down the tubes. >> yeah. >> and here we are, two decades later when women are actually senior officers in their own children have gone through the military a dead me, we did very well with indeed, as
in the environment. a very interesting stuff. thank you for coming on. >> absolutely. thank you for having me. melissa: next up, boeing is baffled by the ion battery. they may not be the root of the massive problems of the dream liner. could this have a bigger impact on the economy? have you notice stores in your area are charging you just to use your credit card? businesses in 40 states canal had customers with checkout fees. we will tell you why and what you can do and what to look for. piles of "money" coming up. ♪ ♪ melissa: still no news from boeing on what exactly is causing all the problems that have grounded the entire fleet of streamliners. at first the lithium ion batteries were being break to the blame for starting fires. now experts are not so sure. the transport minister of japan says his safety inspector has not found anything, and now we're hearing reports that japan eased its safety standards ahead of the dream liner lunch in order to make it easier for japanese manufacturers to make parts for the plane peter is an aviation expert and former managing director of the ntsb.
their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> really incredible medical story tonight about an adorable 3-month-old baby who beat the odds and is home from the hospital right now. her name is audrina. she went home wearing what looks like a baby-sized body armor, which is basically is. it's to protect her tiny heart. it's going to make sense to you when you see the next video. it's kind of shocking but it shows why the story is so incredible. take a look. this is what audrina's heart looked like before she had surgery to fix it. it was partially outside her body. she was born with a rare birth defect where it was formed outside of her body. doctors at texas hospital were able to put her heart back into her chest. we wish her all the best of luck. chief medical skraunt dr. sanjay duplicate gupta joins me now. this is incredible. have you ever seen a case like this? >> i had once when i was in residency. there was a baby
here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> tonight, tackling the sandwich messaging. a subway foot long, only 11 inches on facebook. the picture went viral. and subway responded, with regards to the bread and calling it a foot long, subway foot long is a registered trademark, as a descriptive name of the subs sold in subways and not a measurement of length. that certainly clears it up. and the black forest ham doesn't come from a black forest and the buffalo chicken contains no actual buffalo. little known fact. and people the world over have started measuring their foot longs and posting pictures online. and wouldn't you know it, two lawsuits in the works, one in new jersey and one in illinois, seeking more than $5 million in damages. $5 million foot long doesn't have the same ring to it. $5 million seems like a lot when we are talking about one bite of a sandwich. he
, and start to feel strange, just not being where they're used to being, in that dangerous environment. >> we don't know how to open up, or express our -- tell our story either. that's also part of the problem. and the other part, too, as well, is being accepted in society. you know, because there's a brotherhood in the services around the world. and we have a problem when we come out of the service, you know, to the civilian world where people will judge us and use -- if they find out about our trauma, in one way or another, will use that against us. there is no brotherhood that i would say in a civilian community. >> when you see people who have gone through, what my previous guest went through, a school shooting, a young man and all the trauma that's happened to him. what do you think of that? what advice would you give him? >> basically he has to take back his life. finding forgiveness, you know, it's more finding forgiveness for himself so he can find peace in his life. he has so much potential that he's able to basically be able to impact and change so many people's lives. >> tony, is t
caused by the cliff? who would leave his job to start a new business in that environment? okay. retail sales weren't that bad. but they nose dived right at the end of the quarter. retailers were afraid to restock inventory, figuring that spending would drop off the cliff right along with the nation's finances. it was all in all a very bad time for our nation. now, overlay the storm of the century for the northeast, one that shut down the wealthiest area of the country for several weeks and caused what ultimately may be $100 billion in damage. you had the physical shutdown from the storm neatly and miserably dovetailing with the mental shutdown caused by washington. the result, the abysmal and artificially reduced gross domestic product number we saw today. most money managers are fixated on that top-down analysis. they look at those numbers, they care, they correctly detected the cessation the business in this country was undergoing. they pulled in their horns because of it. some cases, dramatically. i understood it. say we came in to 2013 over the fiscal cliff. i would say the vast ma
environments. >> i have seen some of them. >> you have seen some of them. they are there because we believe being there is in america's national interest, particularly our security interests. >>> now to stories you can bank on this morning. joining us from the fox business network is lauren simonetti. you are telling us college is worth it. it's a million dollar investment. questioning the value of the bachelor's degree. college might not be worth the high price tag. he says studies suggest colleges are not worth it are not only wrong they are dead wrong. the bachelor's degree holders over the course of a lifetime $2.3 million. by comparison just a high school diploma average $1.3 million a lot less. by 2018, more than 60 percent of all jobs will require some form of post secondary education. >> it is worth every penny. >>> twinkies are going away then they are coming back. we have to wait longer. >> twinkies are being saved after all. you have to wait until september to sink your teeth into the popular yellow cakes. the owner is expected to be bought. the time to close the deal and fire up
environment for stocks. stocks fell 10% to 15%. >> but still we've had people say that we can still do 4%. that that's just normal. that's just normalized -- >> over time. >> long-term yield. there would be some trepidation initially but that's not going to be something that would -- >> -- health environment -- >> >> we're going to get a lousy gdp number. >> but that should be backward looking. hopefully the market knows this is in the past, this isn't now. i think all the sentiments this week we have them from every country i think except japan business sentiment surveys coming out. that's a much more forward looking indicator. we're going to be watching that and housing. those are going to drive things as well as talking about earnings. we have 20% of the week. that's going to be a lot -- >> -- of the earnings season. now is when stocks usually begin to slide after a 4% rally in the two weeks before and al alcoa we could be hitting a rough patch as well. >> you've got a big lump money and you're like -- >> you're -- >> yeah, exactly. >> crazy like a fox. yeah. >> the minute we get 5% y
ceo survey released this week, 52% saw no change from the current tepid economic environment. 28% saw decline and 18% said things will get better. it is still an improvement from last year when 48% predicted a decline. the last few years of recovery followed by slow downs of political crisis, of new terror attacks from north africa have made people weary of excessive optimism. things are stable, crises have been contained, there's some growth on the horizon, but no one's ready to declare that we've turned any corners. there are no bulls in davos. no countries taking center stage. one symbol of the mood, the big splashy parties that companies like google used to throw have been quietly discontinued. not that google couldn't afford it, by the way. they just had their first year with $50 billion in revenues. underlying this caution, i believe, is a sense that growth that people had gotten used to, economic growth of the past that countries and companies had hoped for in the future just doesn't seem likely. the imf released a new report this week with growth numbers that are low. lower th
% per year. all right? so higher rate environments don't necessarily mean, or not mutually exclusive of positive and constructive equity market returns. >> charles, i want to ask barry the same question after i ask you, but i would -- give me a number on where you think it would hurt? because i could see, i could see all the way up to 4.5% being construed as a positive. which is still such a low historical number for a ten-year, for whatever, i could see where that would help savers, it would help, you know, the return on some pension plans, and it would indicate economic growth much better than we have right now. it's something that japan wishes they had for the past 20 years, because it would at least indicate some economic activity. i can't even imagine it would be a headwind all the way up to 4.5% or 5% for equities. i don't know about the mortgage market. what do you think, charles? >> it's not just the absolute level, joe. >> but years from now, two, three years. we're going to get back there eventually, right? >> eventually i think we will. and i think if the path is a control
? >> just for our viewer. $189.85. equal friendly roses grown in an organic environment. we're showing them in a vase. they come 50 in a box so you can split them up and put them around for yourself. the other thing is check the shipping, prices vary. retail $189.95, the deal, $56.95, 70% off. >> i like that these are organic. you can actually smell the roses now. a lot of flowers have been removed of all their scents. these are beautiful. >>> next up, kenneth j. lane heart. >> these are pendants. heart stud earrings or pendants, rhodium silver or 18-karat gold plate a 16 inch chain. they're 18 carat gold plated total three carats, sold at nordstrom and celebs include anne hathaway and duchess of cambridge. the retail is $79. the deal, $18. >> wow! >> that's 77% off. >> that is excellent. this is so pretty. >> and classic. >> everybody would love that sxwrrkts i think. >> last but not least, what is valentine's day without -- >> lingerie. someone to wear this for or for yourself. the lace underwear set, sells $46-42, the floral lace comes in three colors an smooth lace comes in three patter
through. it was not a matter of their qualifications so much as the environment in which they were placed, which is not of their doing. their chain of command did not of of going through all of the level steps. they went to the wing commander. that is not something they did, that was something externally placed. that is my concern. the people in the periphery that want to see certain amounts, certain numbers of women in certain jobs, they may or may not be qualified. if they are not, they should not be in the job. i am concerned that somebody will say, they have to be in the job because our program, the inclusion of women demands it. then you start eroding or chipping away at the qualification issue. that, to be quite honest, is my biggest concern. not with the women can do. not what they are qualified to do. what people outside of the program thing should be done. host: i want to make sure i understand. when these women first came through as a pilot trainees, they had a different chain of command than their male trainee counterplots? caller: it was not anything written down on paper. if
? in 1992, you had the riots in los angeles. you could find yourself in a lawless environment in this country. the story was about a place called koreatown. there are marauding gangs going through the area burning stores, looting and robbing. the vice-president said in response to me, he said, no, you would be better off with a 12 gauge shotgun. that is his opinion, and i respect it. i have an ar-15 at home and i have not hurt anybody and i do not intend to, but i would be better off protecting my family if there was law-and-order breakdown in my neighborhood. i do not think that makes me an unreasonable person. mr. trotter when you say you speak on behalf of millions of women out there who believe an ar-15 makes them safer, there were a lot of giggles in the room, and that explains the dilemma. the people who were giggling were saying to you, that is crazy. nobody i know thinks that way. which reminds me of the harvard professor who said i cannot believe mcgovern lost. everyone i knew voted for him. i bet there are people on our side that cannot believe obama won because ever
. incredible. to me what people don't realize is what the environment's just plain gotten better. think about the guests i had on the show last night, rick hamada the ceo of avnet. when his company reported he had very little good to say. rick came on the show and said that business was fundamentally sound and his company came in and was buying stock hand over fist after being out of the market when the stock was higher because it was now such a terrific opportunity in the high 20s. sure enough the report yesterday and it was terrific and yes the stock's down 35 and change. well above where it was before the previous shortfall. the moral of these stories this market forgives, forgets, and then goes higher. which is why most of the weakness you see in individual stocks are indeed b.o., buying opportunities. and boy, this b.o. smells good. [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the all-new cadillac ats -- 2013 north american car of the year. ♪ for a limited time, take advantage of this exceptional o
and cannot get a job is not the best environment in which to run a business. >> so that's interesting because this is a woman who is now one of the top positions at a public company. at aol. so then someone on the complete opposite side i talked to, john chambers, ceo of cisco, staunch republican, endorsed romney. he said they've got nearly $40 billion overseas. he has no intention of bringing it back to the u.s. unless policy changes. he said the place to do business. >> let me guess. >> what. >> then russia. he's making appoint with russia. he's making a point with russia, but canada. >> interesting. >> he just thinks if the policy doesn't change here, he's not going to bring the money to work here. you acquire companies where you're wanted clearly sending a message to the administration. i don't know if it's going to change everything. >> interesting to hear from different people. in one blaiplace such divergent views. good to see you, as always. >> you can see more interviews and all of our interviews from davos on cnn money.com. we'll be right back. >>> as the 43rd world economic forum w
for taking a stand. some of the relatively freer environment, they're able to create conditions for the modern is that. >> host: talk about some of the people of the movement. who were the people who most of those things? was a king, mathematics, and death of avarice, stokely carmichael? >> guest: all of them had different roles in the movement pier one at the ways in which i tried to explain to students is rosa parks made the cooking possible. martin luther king didn't make rosa parks possible. if she had done what she did for refusing to give up her seat on that last, martin luther king would've simply been an articulate, well meaning baptist minister. it's because of rosa parks that were talking about him today. she opened up the possibility for him to display those qualities that he had been to rise to the occasion. >> host: she also said russia was sitting on the best refusing to give up her seat, she was thinking about emmett till, the 14th of black way from chicago who went to mississippi in 1855 and because he was a better way women, was brutally murdered. to think his d
trying to get around what few regulations exist and create an even more dangerous environment. the investigation isn't over, so they don't want to name names or come out with the specific charges at this point, anderson. >> can you explain why security at this club would not let people get out of the one exit that existed? >> well, anderson, we talked today -- we actually heard the very harrowing story of this 19-year-old high school student who was inside. she got crammed up against the metal barrier. someone was saving her, a man she didn't know grabbed her and was pulling her toward the door. and she said she actually saw the doors shutting in their faces. she said she saw the light at the end of the tunnel, then all of a sudden the light would shut off because the guards were shutting the door in her face. and she said they hadn't realized that there was a fire. and they did only shut it for a couple of minutes, but in those few minutes it filled with smoke so much that when the door opened again there were already bodies lying on the floor, people shouting. she said, in f
of this little country of israel to exist in such a hostile environment. as well as all of the problems that senator hagel has with regard, really, to the global leadership of the united states. i think it's -- he could not have picked a more troublesome, out of the mainstream nominee and i'm not alone. "the washington post" in an editorial early this year begged the president not to choose senator hagel as being totally out of the mainstream. >> senator wicker, thank you for your time. i greatly appreciate it. >> thank you. >>> let's bring in nia-malika henderson, jim rootenberg and jack jacobs. jim, i would like to start off with you. you were on yesterday and discussing an article you'd written discussing who's behind the television ads and radio ads who have gone after chuck hagel on israel, on his comments that were seen as anti-gay. the list goes on and on here but we know it's coming from secret donors. this factor in to the questions that we heard today from the senators? >> i don't -- you know, i have to say to me this is the real stuff and these are obviously lawmakers putting
of the slow interest rate environment. we pulled a lot of levers in our liability side, lowered our cost of interest bearing deposits and liabilities and also grew loans, which has been helpful. >> we've been very bullish on "mad money" on the midwestern region because of the resurgence of manufacturing. you think some of your strength also comes from the fact where you're located? >> i will tell you absolutely this regional economy in the midwest and extending up into the northeast where we have a significant part of our franchise is what i was called first in to the recession and first out. we've seen industrial and manufacturing come back strong and we're well-positioned to not only blend into that but really capitalize on a wide range of opportunities there. so that has been a real growth area and a strength for us. >> okay. now this morning, bernstein research, in a piece i didn't care for but i wanted to get your response. they took key from a hold to a sell saying that it would probably be difficult for you to make as much as you did this year next -- as much as you're going to do
environment, you have to scratch your head and wonder what's going on. >>> still to come, the speake of the house john boehner says the president's goal is to wipe out the republican party. and an australian eats something unusual and it lands him in court. oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. overmany discounts to thine customers! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. more d
are but a manifestation of the brilliance of nature to enable us to adapt to the environment in which we evolved, that somehow these characteristics determine our innate worth and value as human beings. that is the essence of racism. but that system was not cultivated into every intellectual commercial, judicial, religious philosophical medical system that we have. the imbalances you see in the country today -- i call them inequities' -- are but reflections of that deep-seated belief. is it conscious in most of us? no. in some of us, yes. i understand the ku klux klan was going to have a rally. some people consciously adhere to that belief. but most of us have been swept up in it and we do not even know it. it is easy to be at the top and never have to think about it. it is impossible to be on the bottom and not think about that on a daily basis and not internalize the absurdity of the devaluation of your humanity on a daily basis. my lovely daughter once said to me, "how did the story of african-americans get inverted into a story of victimization only? how is that story and not a story of triu
environments. it's coral reefs and they are disappearing far too quickly around the world. >> thank you. also, stick around to check out this. this is amazing. i want to show the viewers. these are birds. starlings to be exact. they are flying synchronized here. it looks like dark clouds. this is over israel. we understand they do this to find food and also to be a defense against birds of prey so they appear to be one big mass. have you ever seen anything like it? >> i have never seen anything like this with this species of birds n. the ocean, fish swarm in similar ways. it is an effective defense that confuses birds, animals. it can confuse a predator. if nothing else, it's so beautiful, isn't it? a reminder of the wonder of nature. how graflt we should be that there are still sights like this left in the world. >> it is beautiful. it reminds me of hitchcock's "the birds," too. there are two sides to it. just saying. >> indeed. that's in the back of one's mind. >> thanks. good to see you. >>> imagine this -- living in smog that's so thick you would be willing to pay money for a lung full of
sporting event environment. it's held every two years in lee own, france, and is named for the famed french chefl paul bow kus. each competitor from each country has 5 1/2 hours to present one meat dish and one fresh fish from scratch. >> it's food that even foodies might find a little frue-frue. it's over the top. >> over the top is really the way to put it. you're really try dog food that will wow the spectator, wow the chefs visually, technically, and also whenever it hits their mouth. >> reporter: the europeans dominate the competition. the best an american has ever done is come in sixth. richard and corey are expected to change that. this $150,000 kitchen in the bunker at the greenbriar is the exact replica of the one they will use in france. >> we actually took chalk and chalked out on the floor basically exactly where everything was going to be. >> they've piped in actual crowd noise from past competitions. their war room complete with a countdown clock is where they plot their practice sessions and review photos of past winning platters. rosendale works out with a trainer nearly eve
, in a professional environment, they've got to think about themselves like a professional. and the other is don't worry about the paycheck. yes, my book is called all work, no pay, it's a joke, but if you're an unpaid intern you should only be working 12 to 15 hours per week at a structured, structured, safe environment, but if it's -- if you're choosing between a paid opportunity, and an unpaid opportunity, it's not about the paycheck, it's about the experience. which is going to be more beneficial for you and help you after you graduate. >> tucker: smart advice. >> ainsley: and a tip he she was clayton's intern at one time. see you're doing well. >> thank you. >> ainsley: and farmers selling products without a permit, but they are not going down without a fight. we'll explain. great segment. [ female announcer ] your smile. like other precious things that start off white, it yellows over time. fact is, when it comes to your smile, if you're not whitening, you're yellowing. crest 3d white whitestrips go below the enamel surface to whiten as well as $500 professional treatments, at a fraction o
like he does will have to be more comfortable with that sport as it pushes toward a safer environment with less violence. we will witness what it look like a week from now. it is one topic the president was comfortable weighing in on. >> a couple of new insights from the president there. white house correspondent peter alexander, thank you so much. >>> new today, renewed fights over how to deal with the federal budget. dick durbin is defending what president obama said in his inauguration speech. >> what i heard the president say was programs like social security, medicare and medicaid, critically important for our future and we need to have a bipartisan commitment to make them work. bob and i have been in a lot of meetings talks about deficit reductions. i think we need reform in these programs that means they will live on to serve future generations. that's the message i took from the president. >> former republican vice presidential nominee paul ryan said the gop needs to recommend at this times approach with voters looking forward. >> we have to expand our appeal. we had to expan
somehow people who pay taxes are not demonized? that is novel in this political environment. bill: education will fight that. they will say, give it towards schools. >> right. bill: i would say when i heard the story, sarah palin had a lay on the books in alaska that returned oil receipts to taxpayers in that state? >> that is natural resource under the ground. saying all alaskans should enjoy that. this is a little different. what texas is saying we've got an amazing economic boom. this is what rick perry is saying. this is your money. this is a novel part of it. when we hear most politicians talk about taxes, it is almost as if we work and their money. whatever we get in our check is, hey,. bill: take, take. if he gets this and is successful they will crown the guy thing. there is another big topic i want to roll in here. we ask viewers questions all the time. gdp number was paltry that came out earlier. because you asked, bya, we get this question right now. explain the rise in the stock market versus lowering expectations and consumer sentiment and debt. you've got a dow bumpi
? it is a fantastic place to be. i'm at the intersection of public policy and advanced technology for environment and safety. if it is a fantastic deal to be in now. it is the wave of the future. advanced vehicles, and advanced technologies. we work with the government on regulatory issues, collect a lot of information on the future of energy, where it's headed in the u.s. and globally. and we tried to use the information to help steer toyota's advanced development. guest: one of the high points is greenhouse gases and fuel economy for our vehicles. the auto industry has signed up for some fairly aggressive standards that will take us to the 2025 model year. they are aggressive standards. consumers will have to embrace the technologies we're trying to get out there. host: what does that really mean? guest: the target is 54 miles per hour by 2025. we have a lot of work to do. our strategy is are hybrid strategy. toyota had 16% of our new vehicle fleet were hybrid vehicles. the industry itself is that 3%. we intend to maintain that leadership. host: that means you have to do with the future of what
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